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SBA lenders in Oak Park, IL

SBA 7(a) and 504 loans to businesses in Oak Park (Cook County), October 2021 to June 30, 2026 · Updated October 15, 2026
64
SBA loans approved
$23.4M
Total approved
$150,000
Median loan
27
Lenders active
31%
To startups

64 SBA loans worth $23.4M went to businesses in Oak Park, IL between October 2021 and June 2026, from 27 lenders. Huntington National Bank made the most, 9 loans. The median loan was $150,000, compared with $231,000 across Illinois, and health care and social assistance was the most financed industry.

Most active SBA lenders in Oak Park

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
9$1.3M$100,00044%
2U.S. Bank
Bank · Cincinnati, OH
6$157K$30,00050%
3Byline Bank
Bank · Chicago, IL
4$4.0M$682,50050%
4Bank of America
Bank · Charlotte, NC
4$2.2M$559,40050%
5Small Business Growth
Certified development company · Springfield, IL
4$1.6M$378,0000%
6Live Oak Banking
Bank · Wilmington, NC
3$1.5M$660,00033%
7Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
3$841K$304,2000%
8Northeast Bank
Bank · Portland, ME
3$232K$50,0000%
9Readycap Lending
Non-bank lender · Berkeley Heights, NJ
3$135K$46,5000%
10JPMorgan Chase Bank
Bank · Columbus, OH
2$3.4M$1,704,9000%
11First Internet Bank of Indiana
Bank · Fishers, IN
2$1.4M$698,500100%
12SomerCor 504
Certified development company · Chicago, IL
2$847K$423,5000%
13Grand Ridge National Bank
Bank · Wheaton, IL
2$494K$247,0000%
14First Commonwealth Bank
Bank · Indiana, PA
2$226K$113,000100%
15Celtic Bank
Bank · Salt Lake City, UT
2$200K$100,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Oak Park. For 504 loans the lender shown is the certified development company.

What gets financed in Oak Park

IndustryLoansShareMedian loanMost active lender
Health care and social assistance14
22%
$159,500Live Oak Banking
Professional and technical services12
19%
$205,500Huntington National Bank
Restaurants and hotels7
11%
$216,700Huntington National Bank
Retail6
9%
$455,000Small Business Growth
Education6
9%
$513,650Bank of America
Arts, entertainment and recreation5
8%
$28,000U.S. Bank
Real estate and rental3
5%
$38,500Byline Bank
Other services (repair, personal care)3
5%
$394,000Grand Ridge National Bank
Loan size mix
  • Under $150,00042%
  • $150,000 to $500,00038%
  • $500,000 to $2 million17%
  • $2 million and up3%
Compared with Illinois
Median loan, Oak Park
$150,000
Median loan, Illinois
$231,000
Startup share, Oak Park
31%
Startup share, Illinois
27%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in Oak Park

071320FY14: 10 loansFY14FY15: 9 loansFY15FY16: 7 loansFY16FY17: 5 loansFY17FY18: 7 loansFY18FY19: 11 loansFY19FY20: 6 loansFY20FY21: 3 loansFY21FY22: 17 loansFY22FY23: 6 loansFY23FY24: 19 loansFY2419FY25: 13 loansFY25FY26 (Oct to Jun): 9 loansFY269
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.